CIV MEANS 3: client living outside the UK. CIV MEANS 1C: company director or a shareholder in a limited company.

What is the difference between a director and a shareholder UK?

Shareholders own the company by owning its shares and are often referred to as 'members'. Directors on the other hand, manage the business and its operations. Unless the articles of association state so, a director isn't required to be a shareholder, and a shareholder has no legal right to be a director.

Is a director a shareholder?

Shareholders and directors have two completely different roles in a company. The shareholders (also called members) own the company by owning its shares and the directors manage it. Unless the articles say so (and most do not) a director does not need to be a shareholder and a shareholder has no right to be a director.

Who can be a director of a UK company?

A director must be 16 or over and not be disqualified from being a director. Directors do not have to live in the UK but companies must have a UK registered office address. Directors' names and personal information are publicly available from Companies House.

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CIV MEANS 1C: Company Director Or A Shareholder In A ... - Gov.uk

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CIVMEANS1CInformation about a shareholding in a private limited company and/or directorship 4This form must be completed and signed by the Company Accountant or the Accountant acting for the Company.

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